301 Congress Ave Boynton Beach, FL 33426-3415
- Grocery and convenience stores
- 1,885 SF
- 0.67 lot acres
Current Use by Public Records
- Shell / Gas Station / Atm
Property Details for 301 Congress Ave
- Year built
- 1971
- Construction
- CONCRETE
- Lot size
- 0.67 lot acres
- Property size
- 1,885 SF
- Zone code
- C3
- Property type
- Grocery and convenience stores
- APN
- 08-43-45-30-01-001-0012
- APU
- 8434530010010012
Description
This exceptional 4,681 square foot flex space property, located at 301 N Congress Ave in Delray Beach, Florida (zip code 33445), presents a lucrative investment opportunity. The property, known as Congress Commerce Center, is ideally suited for a variety of uses, including showroom space, offices, light manufacturing, or storage. The building features two grade-level motorized overhead doors, providing convenient access for loading and unloading. Inside, you'll find four private offices, enhancing privacy and productivity. Security is ensured with controlled access and security cameras. The property boasts a comfortable climate-controlled environment thanks to HVAC systems in both the warehouse and office areas. Employee and visitor convenience is maximized with a full kitchen and two bathrooms. Built with durability and safety in mind, the building includes hurricane impact windows. The property is situated in Palm Beach County and offers a quarterly association fee of $2,308.54. This versatile and well-equipped space is ready for immediate occupancy and represents a strong investment in a desirable location. The asking price for this exceptional property is $1,750,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $560,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $605,000
- 6.5%
- $560,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $539,000
Market price range: $317k - $573k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $745,000 Current use
- AUTO REPAIR, GARAGE
- $930,000 Change: +25% Conversion: Difficult
- RETAIL STORES
- $765,000 Change: +3% Conversion: Easy
- MEDICAL BUILDING
- $745,000 Change: -0% Conversion: Difficult
- OFFICE BUILDING
- $635,000 Change: -15% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.091
- Latitude
- 26.528
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA